Neugebauer, Tibor Perote, Javier Schmidt, Ulrich Loos, Malte
Year of Publication:
Kiel Working Paper 1376
In the recent literature, several hypotheses have been put forward in order to explain the decline of contributions in repeated public good games. We present results of an experiment which allows to evaluate these hypotheses. The main characteristics of our experimental design are a variation of information feedback and an elicitation of individual beliefs about others' contributions. Altogether, our data support the hypothesis of conditional cooperation with a selfish bias.
Information feedback Public goods Voluntary contributions Conditional cooperation Experimental economics